The Commodity Futures Trading Commission (CFTC) is a U.S. government agency responsible for regulating the futures and options markets. Established in 1974, its primary mission is to protect market participants from fraud, manipulation, and abusive practices. The CFTC ensures that these markets operate transparently and efficiently, promoting fair competition. The CFTC oversees various financial instruments, including commodity futures and swaps. It works to maintain the integrity of the derivatives markets, which are essential for price discovery and risk management. By enforcing regulations and monitoring trading activities, the CFTC helps to foster confidence among investors and traders.